Home » Business Financing
Avoid upfront strain—finance your back-of-house needs with confidence.
Apply now for Restaurant Equipment Financing and get pre-approved in minutes.
FREQUENTLY ASKED QUESTIONS
Most lenders support financing for a wide range of equipment—ovens, fryers, grills, walk-in freezers, dishwashers, POS systems, and more. Even small tools or refurbishments may qualify if they contribute to daily operations. You can usually finance both new and used equipment, depending on condition and value. Check if bundled items like installation or warranties are also covered.
It depends on your goals. Financing typically ends with ownership, which may suit long-term investments. Leasing, on the other hand, may offer lower upfront costs and more flexibility for upgrades. Consider how long you'll use the equipment and your cash flow when choosing between the two.
Loan sizes vary, ranging from $5,000 to $500,000 or more. The amount you qualify for depends on your business history, credit score, income, and equipment type. Larger operations or those with solid financials can usually access higher amounts. Always borrow based on your needs and repayment comfort.
New restaurants may qualify, though the application may rely more on personal credit and a solid business plan. Startups can increase their approval chances by providing financial projections, securing a co-signer, or offering a down payment. Some lenders specialize in helping newer establishments get off the ground.
The timeline varies, but some approvals happen in as little as 24 to 48 hours. Once approved, funds or leases are often released quickly, especially if documentation is ready. Having quotes, tax records, and bank statements prepared can help move things along.
While better credit often leads to better terms, lenders have options for a variety of credit profiles. If your credit isn’t ideal, you may still qualify—though you might face higher interest or be asked for collateral. A strong revenue stream or cash reserves can also help balance out a lower score.
Yes, provided it meets the lender’s standards. Used gear often requires a current appraisal or proof of condition. It’s a cost-saving strategy that many restaurant owners use, especially when purchasing from reputable vendors. Be ready with equipment specs or seller info.
Lenders may request your business license, equipment quotes or invoices, tax returns, bank statements, and proof of revenue. Some may also ask for insurance documentation. Being organized and upfront about your finances can speed up the process and help avoid surprises.
You may be eligible for tax deductions under Section 179 or similar programs. This lets you deduct the cost of financed or leased equipment in the year it’s placed in service. Consult a tax professional to make sure your purchases qualify and are filed properly.
Check the interest rate, repayment period, and any early payoff penalties. Also, review how flexible the lender is if your revenue shifts seasonally. Make sure the total cost aligns with your profit margins and that payments won’t squeeze your operating budget.
HOW IT WORKS
Learn how the Restaurant Equipment Financing process works—from submitting your application to getting approved and funded.
Complete a simple online application with basic business details.
Receive a funding decision within hours, with no lengthy paperwork.
Once approved, access up to $750,000 in your account in as little as 48 hours.
Choose custom repayment terms (6-24 months) that work for your business.
Start your Restaurant Equipment Financing application today and move closer to getting the funds your business needs. Get fast approval, flexible terms, and support for all credit types.
Disclaimer: Funding amounts, approval times, and terms are subject to eligibility and lender review. Ingot Capital does not guarantee loan approval. Loan terms may vary based on creditworthiness, business financials, and other factors. Additional terms and conditions may apply.